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What must direct materials be

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Problem - X Company sells one product. The following are the accountant's price and cost estimates for 2020:

Selling price $16.49

Direct materials 3.51

Direct labor [all variable] 2.22

Variable overhead 3.58

Variable selling and administration 2.60

Fixed overhead $13,900

Fixed selling and administration 12,800

Unit sales in 2019 were 5,400; unit sales in 2020 are expected to be 5,700.

The accountant is uncertain about her $351 direct materials estimate. What must direct materials be in 2020 in order for X Company to break even (rounded to two decimal places)?

Reference no: EM132687725

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